BALTIMORE (HedgeWorld.com)–Growing from a small fund of funds born out of a family office, Meyerhoff Investment Holdings is prepared to expand further following a joint venture partnership with Four Corners Capital Management.
Joseph Meyerhoff II began offering a fund of funds based on his family’s $100 million-plus hedge fund portfolio back in 2002. Since then, Meyerhoff has attracted $50 million in high-net-worth investor capital, and the firm has registered with the Securities and Exchange Commission.
“We have a tremendous amount of capacity in the fund with a lot of closed managers and managers we think are pretty unique,” said Mr. Meyerhoff.
One of those managers is Four Corners Capital, which offers capital preservation and non-correlated returns through a senior secured bank loan investment program that focuses on short-duration, floating-rate debt. The strategy was developed by Four Corners founder Michael McAdams, who has spent 20 years in the field of leveraged finance.
Based in Los Angeles, Four Corners is a majority-owned subsidiary of Macquarie Bank, of Sydney, Australia, and manages roughly $3.5 billion.